Required information

$[$The following information applies to the questions displayed below.$]$

Lawson Consulting, which began operations on December $1,$ had the following accounts and amounts on December $31.$

The I. Lawson, Capital account balance at December $1$ was $$0$ and the owner invested $$21,170$ cash in the company on

December $2.$ On December $31,$ the company's accounts and amounts for the month of December are shown in the table

below:

Use the above information to prepare a December statement of owner's equity for Lawson Consulting. Hint. Net income for December

is $$5,400.$